Property Type: Condo / ApartmentOwnership: Strata

702 7228 ADERA STREET

Vancouver, BC V6P0H8

$1,590,000

3 bed2 bath2 parking1,325 sqftBuilt 2019
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Amenities

Gym

Property Details

Property & Lot

Sub-type
Apartment
Style
5 Level

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$898/mo
Annual property tax
$5,338.58 (2026)

Interior

Heating
Heat Pump, Hot Water
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
All

Exterior & Lot

View
View
Pool
Outdoor pool
Lot features
Elevator, Wheelchair access, Gated community

Building

Security
Smoke Detectors, Sprinkler System-Fire
Parcel ID (PID)
030-690-749

Parking

Total spaces
2 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3157211
Listed
August 19, 2026
Time on market
On the market for 12 days
Tax assessment year
2026
Data last synced
August 31, 2026

Listing provided by: Royal Pacific Riverside Realty Ltd. · Data source: CREA DDF.

Description

Adera House at Shannon Wall Centre South Granville! - Secluded behind heritage stone walls, mature trees and generous setbacks, elegant new residences. This spectacular 10-acre master plan community allows for an abundance of fresh green space and beautiful architecture. This well kept 3 bedroom, 2 bathroom unit features AC, Gaggenau kitchen appliances, quartz countertops etc. Tastefully updated 2024 with fresh paint throughout and new carpeting. The bedrooms are enhanced with motorized blackout blinds for added comfort and privacy. The dining area feature a stylish Canto light fixture by Eurofase. Amenities include a fully-equipped fitness center, lounge, swimming pool, rooftop patio and building concierge. 2 regular size parking stalls close to elevator and 1 storage locker included. (id:63159)

Values & Trends

This listing

$1,200/sqft

Building average

$1,177/sqft

1 active listing(s)

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$729,200

Jul 2026

Average Sale Price

$892,419

Jul 2026

Monthly Sales

342

Jul 2026

Active Listings

2,222

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

25 days

Jul 2026

MLS® HPI Benchmark Price

$820,100
$729,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

48

6/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Tamim Academy of Vancouver(Independent)Elementary/Middle548 m
Dr R E McKechnie ElementaryElementary807 m
Magee SecondarySecondary1.1 km
Oakridge Montessori Children's Learning(Independent)Elementary1.1 km
Maple Grove ElementaryElementary1.2 km
David Lloyd George ElementaryElementary1.2 km
Sir Winston Churchill SecondaryElementary1.3 km
Sir Wilfrid Laurier ElementaryElementary1.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Northbound Granville St @ W 57 Ave240 m
Southbound Granville St @ W 57 Ave253 m
Southbound Granville St @ W 54 Ave254 m
Northbound Granville St @ Park Dr361 m
Northbound Granville St @ W 53 Ave388 m

Nearby Places

Restaurants (3)

  • Okini · 1864 West 57th Avenue464 m
  • Mirchi · 7964 Granville Street772 m
  • Snackshot · 7980 Granville Street795 m

Cafes (1)

  • Bean Around The World · 1846 West 57th Avenue446 m

Grocery (1)

  • Choices Market · 1888 West 57th Avenue484 m

Parks (2)

  • Shannon Mews Park · 1551 West 57th Avenue126 m
  • Shannon Park533 m

Pharmacies (1)

  • Pharmasave · 1517 West 57th Avenue184 m

Banks & ATMs (1)

  • Primerica · 7932 Granville Street751 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Other Listings in This Building

Other units currently listed in the same building. 702 7228 ADERA STREET

View building profile →
Built 2019

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($318,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,272,000.00
Periodic payment — Principal & Interest (monthly)$8,206.51
Additional monthly expenses (strata, tax, utilities, etc.)$1,409.20
Total monthly cost$9,615.71
Interest paid over 5-yr term$364,558.86
Balance at end of term$1,144,168.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$318,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,781.23

Cash Needed at Closing

Minimum down payment$318,000
Estimated BC PTT$29,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$349,300

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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